Flatsworthy Inc

Analysis

Flatsworthy Inc is a registered charity in United States, based in Fulton, TX. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Flatsworthy Inc reported income of $151k and spending of $109k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $151k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 67% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Flatsworthy Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include The Institute for Safer Chemical Alternatives Incorporated ($151k), Charles Koiner Center for Urban Farming ($151k) and Friends of the Green Bay Trail ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $138k against liabilities of $0, net assets of $138k.